Technicians work on an engine at GE Aerospace’s engine shop in Lafayette, Indiana. Leslie Josephs/CNBC RIO DE JANEIRO — Airplane engine makers have fallen short of what they promised airlines, major carriers’ CEOs say, a problem vexing an industry that has struggled for years with aircraft shortages and more recently, a doubling of fuel prices.
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A United Airlines plane taxis at Los Angeles International Airport on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images RIO DE JANEIRO — United Airlines CEO Scott Kirby said he doesn’t expect more airline consolidation in the U.S. and he’s not interested in pursuing a merger for his airline after American
Lavazza said its Tablì tabs are made of 100% coffee, without any gelatin, coating or binders. Source: Lavazza Lavazza is bringing its espresso tablets to the U.S., aiming to loosen Keurig Dr Pepper’s grip on the single-serve coffee category. The Italian coffee giant unveiled Tablì last year and launched the new brewing system first in
Mammoth Brands wants to take on traditional consumer packaged goods companies, armed with a portfolio of disruptors in the personal and baby care categories that have won over consumers and retailers alike. For the last decade, upstarts like those owned by Mammoth have challenged the relevance and longstanding dominance of legacy giants like Procter &
Over the past week, one conversation has dominated Hollywood executive lunches and studio staff meetings: What’s the next “Backrooms”? The industry is scrambling to figure out how to replicate the phenomenon of “Obsession” and “Backrooms,” low-budget psychological horror films directed by YouTube creators that have dominated the box office over the past two weeks. But
RENTON, Wash. —Boeing will begin building new 737 Max airplaneson July 6at a final assembly line it’s opening north of Seattle, CEO Kelly Ortberg told CNBC on Friday. “We’re adding another production line, it’s really a carbon copy of what you see here in Renton,” Ortberg said. “We’ll be loading our first airplane on July
As athletes and millions of fans gear up for the FIFA World Cup starting next week, global health officials are preparing for a high-stakes challenge of their own: protecting against infectious diseases. For the first time, the tournament will span 16 host cities across three countries — the United States, Canada and Mexico — and
Ben Johns comes over to the right side to hit a dink shot against Anna Bright and Hayden Patriquine in the 2026 PPA Carvana Mesa Cup finals match of the Pro Mixed Doubles Division at Arizona Athletic Grounds on February 22, 2026 in Mesa, Arizona. Bruce Yeung | Getty Images A version of this article
Daniel Radcliffe takes a bow onstage during curtain call at “Every Brilliant Thing” Opening Night at Hudson Theatre on March 12, 2026 in New York City. Theo Wargo | Getty Images Broadway just wrapped its highest-grossing season on record, offering another sign that consumers are willing to spend on experiences even as concerns about inflation
Lululemon‘s troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current-quarter outlook on Thursday as interim CEO Meghan Frank blamed “negative commentary in the media” and recent product launches that failed to wow shoppers. “We experienced spikes of negative commentary in the media and on social channels
More frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data. Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a real estate brokerage. That ties with December for the highest share of homes delisted since March 2020, when
Aerial view of yachts moored in the Port Vell marina of Barcelona, Spain Busà Photography | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.Sign upto receive future editions, straight to your inbox. Soaring stock markets
Late evening view of US Capitol building in Washington DC, USA Richard Sharrocks | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.Sign upto receive future editions, straight to your inbox. The “one big beautiful bill”
SCOTTSDALE, Ariz. — For Honeywell Aerospace CEO Jim Currier, it’s time to show investors what his company can do as a stand-alone business. “We have a purpose-built management team just solely focused on one strategy, one mission as opposed to disparate missions of a conglomerate,” Currier told CNBC at his company’s investor day. When it’s
A youth player for MLB Pitch Hit & Run takes the field. Courtesy of RCX A version of this article appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media.Sign upto receive future editions, straight to your inbox. Former
Former New York Giants quarterback Eli Manning said he supports athletes who take political stances, but warned they should be prepared to face potential criticism if they do. The two-time Super Bowl-winning quarterback spoke to CNBC Sport about political activism in sports after the Giants’ current signal caller, Jaxson Dart, came under scrutiny for introducing
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